All Archive articles – Page 1059
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Archive
Bowood takes on US partner
New York-based intermediary Reinsurex and Lloyd's broker Bowood Partners are to provide index-based property catastrophe reinsurance to Lloyd's syndicates.
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Archive
SFA clamps down on pensions mis-selling
The SFA has fined Capel Cure Sharp (CCS), now trading as Gerrard, £200,000 for not adequately progressing and managing its review of pensions sold.
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Archive
D&G maintains upbeat outlook
Domestic & General said it expects pre-tax operating profits, including the longer term investment return, be in line with market expectations for the year to 30 June 2002.
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Archive
AXA cautious on 2001 earnings
AXA has warned that the 11 September terrorist attacks on the US have hit its profits harder than expected but added that it should match last year's dividend payment.
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Archive
Syndicate 3000 receives Moody's B Average rating
Moody's has assigned a B Average performance rating to Syndicate 3000, in light of the announcement that it will become the Markel syndicate combined operation for 2002.
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Archive
Moody's lowers rating on syndicate 994
The performance rating on Greenwich's Syndicate 994 has been downgraded to C Below Average, from B-minus Below Average, on concerns over future capital backing.
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Archive
Lloyd's rating affirmed and removed from "under review"
AM Best has affirmed Lloyd's A-minus (Excellent) rating. It said it believed that capital supporting underwriting in 2002 would increase and the impact of the WTC losses on the Central Fund was containable.
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Archive
Chaucer takes business onto the worldwide web
London-listed insurer Chaucer has launched 24 specific cargo insurance websites to allow small and medium-sized companies access to the Lloyd's market and the quoting of business on line.
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Archive
Jago reduces stamp capacity; receives Moody's negative outlook
Jago has reduced its stamp capacity for Syndicate 205 in 2002 to £80m but pledged to maximise profit by focusing on its core specialist areas of underwriting.
